Cahill Represents Administrative Agent and Lead Arrangers in $1.1 Billion Credit Facilities for AssuredPartners, Inc.

February 16, 2024

Cahill represented the administrative agent and lead arrangers in connection with an Amendment to the existing credit agreement for AssuredPartners, Inc. to obtain $500,000,000 of incremental term B loans and to extend the maturity of the existing revolving credit commitments and to increase the size of the extended revolving commitments to $600,000,000. Proceeds from the incremental term B loans will be used to fund permitted acquisitions, for general corporate purposes and to refinance existing indebtedness. AssuredPartners, Inc. is one of the largest, fastest-growing, full-service insurance brokers in the United States.